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Análisis de diferencias estructurales interregionales determinantes en el impacto de la política monetaria

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Author Info

  • Rodríguez-Fuentes, Carlos Javier

    (Universidad de La Laguna)

  • Hernández-López, Montserrat

    (Universidad de La Laguna)

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    Abstract

    El objetivo de este trabajo es identificar grupos de Comunidades Autónomas con características económicas dispares que podrían originar un impacto diferencial de una política monetaria común. El propósito último será, pues, identificar a aquellas regiones potencialmente más afectadas por la política monetaria nacional a través de lo que hemos denominado efecto estructural en la cuantificación del impacto regional de la política monetaria. Most of regional financial literature suggests that national monetary policies may affect regions differently when ther existed certain regional estructural differences. These differences (sectoral productive structure, degree of openness, propensity to invest, etc) may lead some regions to become more sensitive to changes in national monetary conditions (interest rates, availability of credit, etc). The aim of this paper is to evaluate the relevance of such structural differences among Spanish regions.

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    Bibliographic Info

    Article provided by Estudios de Economía Aplicada in its journal Estudios de Economía Aplicada.

    Volume (Year): 7 (1997)
    Issue (Month): (Junio)
    Pages: 141-157

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    Handle: RePEc:lrk:eeaart:7_2_8

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    Related research

    Keywords: Monetary policy effects; post keynesian monetary theory; cluster analysis; k-means cluster analysis; factorial analysis;

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    1. Henry Kaiser, 1958. "The varimax criterion for analytic rotation in factor analysis," Psychometrika, Springer, vol. 23(3), pages 187-200, September.
    2. Henry Kaiser, 1974. "An index of factorial simplicity," Psychometrika, Springer, vol. 39(1), pages 31-36, March.
    3. J. A. Kregel, 1980. "Introduction," Journal of Post Keynesian Economics, M.E. Sharpe, Inc., vol. 3(1), pages 19-20, October.
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